Beowulf Mining (LON:BEM) Reaches New 1-Year Low – Here’s What Happened

Beowulf Mining plc (LON:BEM) hit a new 52-week low on Wednesday . The stock traded as low as GBX 7 and last traded at GBX 8.75, with a volume of 408442 shares traded. The stock had previously closed at GBX 8.

Beowulf Mining Price Performance

The firm has a market capitalization of £5.42 million, a P/E ratio of -2.81 and a beta of 0.63. The firm has a 50 day moving average price of GBX 10.36 and a 200-day moving average price of GBX 10.30. The company has a current ratio of 3.73, a quick ratio of 1.47 and a debt-to-equity ratio of 0.22.

About Beowulf Mining

Beowulf Mining plc engages in the acquisition, exploration, and evaluation of natural resource assets in Sweden, Finland, and Kosovo. The company explores for iron ore, base precious metals, lead, zinc, gold, copper, silver, graphite, and other mineral properties. Its projects include the Kallak iron ore located in Norrbotten County, Northern Sweden; Atvidaberg exploration license that comprises 12,533 hectares, which cover an area of 225 square kilometers situated in the Bergslagen area, southern Sweden; and Pitkajarvi and Aitolampi graphite prospects covers an area of 407 hectares, which are located in Eastern Finland.